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Kiwi raises $7.8m in Series A funding

Puerto Rico based fintech focused on underbanked Latinos raised $7.8m in Series A funding led by LIP Ventures and Advent-Morro Equity Partners.

“Access to credit is often the biggest barrier for our customers. When you solve that first, you earn the long-term relationship. Our customers don’t want just another app. They want someone who sees them, understands them, and helps them thrive in a market where they’ve been historically overlooked. That’s what we’re building.”

Tags

banking, neobank, hispanics, credit, lending